Doosan Becomes Patron for "The Open" Championship

CRAWLEY, England, May 13, 2010 /PRNewswire/ -- Today, Doosan announces that it will be an official patron for The Open Championship, the oldest and most prestigious of the four major global golf events. The sponsorship forms an important part of Doosan's marketing strategy that will support the company's aim to become one of the Global 200 companies by 2020.

The Open is organised by The R&A, golf's governing body, and is celebrating its 150th year. Doosan will be one of six patrons including Rolex and Lexus. Doosan will be the first Korean company to join The Open.

The Open will be seen by a crowd of 250,000 at the event and the competition will be broadcast to 163 nations including Europe and North America. Doosan is well represented in Europe and the Americas through its growing power plant business, Doosan Power Systems, with headquarters in the UK.

"Joining The Open as a patron is an excellent opportunity for Doosan to raise its profile throughout the world, and we believe the outcome will definitely surpass our expectations," explained Iain Miller, the CEO of Doosan Power Systems, Doosan's subsidiary power-plant business in Europe and America.

"The Open Championship has a very special place in the world of golf and at a time when Korean golf is more and more prominent in the world this is a very natural partnership."

Doosan will also build its marketing strategies in Europe and North America through its other affiliates such as Doosan Babcock (steam generation manufacturer), Doosan IMGB (forging and casting), Skoda Power (plant turbine manufacturer) and Doosan Infracore International (construction equipment including Bobcat).

Notes to Editors:

About Doosan Power Systems Ltd

Doosan Power Systems Ltd (DPS) is the lead company in a global group of four businesses (Doosan Babcock, Skoda Power, Doosan Power Systems Americas,

Doosan Power Systems Europe) which between them provide complete plant solutions to power utilities across the globe.

http://www.doosanpowersystems.com

About Doosan

Founded in 1896, Doosan is the oldest enterprise in Korea, and has evolved into a leading international business with sales of USD $18.2 billion in 2009. It has a global sales network of 4,100, and 36,000 people working across 35 countries. Since 2000, Doosan has pursued infrastructure support business (ISB) as its main growth engine, and transformed its business from a base of consumer goods, import/export, and construction to incorporate power plants (Doosan Power Systems), desalination (Doosan Heavy Industries & Construction), a comprehensive line of construction and mechanical equipment (Doosan Infracore), marine diesel engines (Doosan Engine), and railway and residential apartments (Doosan Construction & Engineering).

About R&A

Based in St Andrews, The R&A is golf's governing body and organiser of The Open Championship. The R&A is committed to working for golf and operates with the consent of 138 organisations from the amateur and professional game and on behalf of over thirty million golfers in 124 countries.

For more information please go to: http://www.randa.org/

SOURCE Doosan Power Systems Ltd